Claims
For the second year in a row, Canadian P&C insurers have become members of the unenviable $3-billion Cat club thanks to NatCat losses.
By David Gambrill | October 19, 2023
2 min read
To prevent covering losses with multiple suspected causes, underwriters must beware of wording they use in exceptions to policy exclusions.
By David Gambrill | October 18, 2023
4 min read
Natural catastrophes are increasingly a factor behind why insurance companies fail. And when they go bankrupt, they tend to fail in clusters.
By David Gambrill | October 17, 2023
3 min read
Canada saw an overall “modest decline” of 3.5% in personal auto insurance premiums last year, AM Best reported.
By Jason Contant | October 17, 2023
Cyber insurance is in a much better place now than a few years ago, but still needs an injection of capital to keep up with demand.
By Jason Contant | October 16, 2023
A series of summer storms in Ontario bring this years’ total catastrophe losses to over $3 billion so far, with another quarter left.
By Alyssa DiSabatino | October 16, 2023
P&C insurance industry professionals are curious how Canada's proposed new flood insurance program will affect real estate and mortgages.
By David Gambrill | October 13, 2023
Ontario will spend an additional $20.5 million over three years to help fight wildfires, the government announced.
By Jason Contant | October 12, 2023
1 min read
The decision is the first time the courts have protected a broker’s confidential and proprietary information against a competing brokerage.
By David Gambrill | October 11, 2023
6 min read
Auto theft costs in 2023 are projecting to break record levels established in 2022, P&C insurance professionals are warning.
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